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Northport hotel project advances

 
225 Main Street (Google Maps)

 

 

Plans are moving forward for a proposed 24-room boutique hotel and a restaurant at 225 Main Street in downtown Northport, across from the John W. Engeman Theatre.

The $11 million project ­­– its developers also own the theater ­– aims to revitalize the 17,610 square-foot building, which in the past served as office and also restaurant space.

Kevin O’Neill, a co-owner of the hotel, said the developers are “enthusiastic” about the project, adding that it reaffirms “commitment to both Northport and Suffolk County.”

The developers are working with the Suffolk County Industrial Development Agency, which on Thursday approved a package of economic incentives.

In exchange, the company aims to create 40 jobs after project completion.

“The proposed renovation will fill a void in an area absent of hotels and, in turn, stimulate the local economy,” said Tony Catapano, the IDA’s executive director. “The IDA is pleased to play a role in this project that will generate significant tax revenue for the Northport community.”

The theater currently employs more than 200 people and brings more than 110,000 people to the community each year.

“The property will generate $1 million more in property taxes than its current use,” said Kelly Morris, Suffolk IDA’s deputy executive director. “The addition of the Northport Hotel to the many existing assets of downtown Northport will truly make it a unique tourist destination.”

Posted: 19 days ago In: IDA News & Press, Suffolk Economic Development News

Tagged: Press Release


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